And the Trump brand, premised on gold-plated luxury and a super-affluent clientele, may not fully recover from the fallout of his supporters violently storming and vandalizing the U.S. Capitol, hospitality analysts say and some people close to the business acknowledge. Other companies linked with the Trumps, including Deutsche Bank, the presidents largest lender, and Signature Bank, are also seeking distance from him and his business.
Trump brand being hit where it hurts â in the wallet
The President s golf club has been denied a PGA tournament, companies are withdrawing support, schools have stripped him of honorary degrees and affiliated firms are feeling the heat from doing business with him.
Packing it up. After last week s storming of the Capitol building many institutions and companies are beginning to wash their hands of Donald Trump s businesses.Â
AP
Jan 12, 2021 â 3.04pm
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In the span of four days, President Donald Trump s family business has lost its online store, the buzz from Trump s promotional tweets about its luxury resorts and bragging rights as host to one of the world s most prestigious golf tournaments.